Rosneft to Take Over LUKoil’s West Qurna Field?

LUKoil has reportedly offered Rosneft its African and Iraqi projects in a swap for Arctic shelf cooperation.

LUKoil CEO, Vagit Alekperov, said on Thursday:

“We have offered them our geological prospecting assets abroad. So far, talks are underway. We have offered them a whole package. If they are interested, we’ll offer them West Africa and West Qurna-2.”